2 1 Shi Ji Jing Ji Bao Dao·2026-01-14 07:19Core Viewpoint - China Ping An is selling a 34% stake in Shenzhen United Property Exchange for 408 million yuan after holding the shares for over ten years, indicating a routine financial investment arrangement [1][3]. Group 1: Share Transfer Details - The stake being sold consists of 170 million shares, representing 34% of the total equity of Shenzhen United Property Exchange [1]. - The selling entities are all part of the "Ping An system," including Fintech Consulting, Qianhai Lianliang Investment, and Fintech Technology, with ownership stakes of 15%, 10%, and 9% respectively [3]. - The shares were initially acquired between December 2013 and December 2015, indicating a long-term investment horizon [3]. Group 2: Qualification for Buyers - Potential buyers must meet specific criteria, including being a legally registered entity in China with a net asset of at least 10 million yuan and a clean legal record over the past three years [4]. - The transfer will not change the actual control of Shenzhen United Property Exchange, which remains under the influence of state-owned enterprises [4]. Group 3: Company Financials - As of November 30, 2025, Shenzhen United Property Exchange reported revenues of 142 million yuan, total profits of 76.89 million yuan, and net profits of 61.77 million yuan, with total assets of 3.376 billion yuan and total liabilities of 2.278 billion yuan [6].